Organizations engage in downsizing to meet which of the following objectives?
A)Reducing costs
B)Replacing labour with technology
C)Moving to more economical locations
D)All of the choices are correct
E)"a" and "b" only

Question

Quizplus · Accepted Answer

Downsizing is a strategic process that organizations undertake to achieve different objectives, including reducing costs, streamlining operations, increasing efficiency, improving productivity, responding to changes in the business environment, and enhancing competitiveness. The options provided in the question, including reducing costs, replacing labour with technology, and moving to more economical locations, are some of the common reasons that organizations engage in downsizing. However, there could be other motives as well, such as restructuring, mergers and acquisitions, and repositioning the business. Therefore, the correct answer is D, as all the given choices can be valid objectives for downsizing.

Organizations Engage in Downsizing to Meet Which of the Following